The bill amends Minnesota Statutes 2024, section 216B.164, to modify provisions related to net metering for qualifying facilities. Key changes include the definition of "capacity," which now specifies the megawatts a qualifying facility can produce, and the introduction of a new provision that allows customers with qualifying facilities interconnected to public utilities to elect compensation for net input based on the average retail energy rates. Additionally, the bill clarifies that customers with facilities under 40 kilowatts can receive kilowatt-hour credits on their energy bills, which must be compensated at a specified rate if canceled at the end of the calendar year.
Furthermore, the bill establishes that these provisions will only apply to qualifying facilities that begin operation after June 30, 2025, while those that started before this date will continue to be governed by the existing statutes. The effective date for these changes is set for July 1, 2025. Overall, the bill aims to enhance the framework for net metering, ensuring fair compensation and clarity for customers utilizing renewable energy sources.
Statutes affected: Introduction: 216B.164
1st Engrossment: 216B.164